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Ukraine receives $900mn from IMF

The Ministry of Finance notes that these funds will help finance priority state budget expenses in a timely manner and ensure macroeconomic stability. 

Ukraine receives $900mn from IMF
Ukrainian Minister of Finance Serhiy Marchenko
Photo: Oleksandr Zadripryanyy/Mind

Today, on 14 December, Ukraine received the third tranche of funding worth about $900 million (SDR 663.9 million) from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) programme. This was reported by the press service of the Ministry of Finance.

The funds raised are the result of a successful second review of the EFF programme by the IMF Executive Board.

"The powerful and extremely important support from the Fund will help to timely finance priority state budget expenses and ensure macroeconomic stability under martial law. The EFF programme will continue to form a solid basis for the development of the economic programme of the Government of Ukraine on its way to full integration into the EU," said Ukrainian Minister of Finance Serhiy Marchenko.

The Ministry of Finance reminded that on 11 December, the IMF Executive Board completed the second review of the Extended Fund Facility programme for Ukraine.

Thus, Ukraine has already attracted about USD 4.5 billion out of the USD 15.6 billion (SDR 11.6 billion) provided for by the programme. 

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